v3.26.1
PENSION PLANS AND OTHER POST-RETIREMENT BENEFITS (Tables)
 12 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plan and Long-Term Employee Benefit Obligations
The following table provides the details of the funded status of our defined benefit pension and other post-retirement plans:
As of June 30, 2026As of June 30, 2025
Plan assets$242,447 $237,823 
Projected benefit obligations(348,690)(374,690)
Funded status$(106,243)$(136,867)
The following table provides details of the net benefit obligations of our defined benefit pension and other post-retirement plans:
As of June 30, 2026As of June 30, 2025
Current portion of benefit obligation (1)
$5,770 $4,652 
Non-current portion of benefit obligation100,473 132,215 
Total $106,243 $136,867 
______________________
(1) The current portion of the benefit obligation has been included within “Accrued salaries, incentives and commissions,” all within Accounts payable and accrued liabilities in the Consolidated Balance Sheets (see Note 10 “Accounts Payable and Accrued Liabilities” for more details).
Schedule of Changes in Benefit Obligation of Defined Benefit Plan
The following tables provide the details of the change in the benefit obligation and plan assets for the periods indicated: 
As of June 30, 2026As of June 30, 2025
Benefit obligation—beginning of fiscal year$374,690 $349,427 
Service cost11,508 11,082 
Interest cost14,076 13,008 
Benefits paid(15,364)(11,161)
Employee contributions1,583 1,703 
Plan settlement(17,473)(7,440)
Plan amendment492 (2,948)
Curtailment (gain) loss458 (927)
Actuarial (gain) loss(15,605)(1,273)
Other events(467)(762)
Foreign exchange (gain) loss(5,208)23,981 
Benefit obligation—end of period348,690 374,690 
Less: Current portion5,770 4,652 
Non-current portion of benefit obligation$342,920 $370,038 
As of June 30, 2026As of June 30, 2025
Plan assets—beginning of fiscal year$237,823 $217,324 
Benefit payments from plan assets(15,364)(11,161)
Expected return on plan assets13,282 11,790 
Return on plan assets11,131 (1,304)
Company contributions12,973 9,217 
Employee contributions1,583 1,703 
Plan settlement(17,473)(7,440)
Foreign exchange (gain) loss(1,508)17,694 
Plan assets—end of period$242,447 $237,823 
Schedule of Components of Net Pension Expense for Pension Plan
The following table provides details of net pension expense for the periods indicated:
Year Ended June 30,
Pension expense:202620252024
Service cost$11,508 $11,082 $11,073 
Interest cost14,076 13,008 12,345 
Expected return of plan assets(13,282)(11,790)(11,400)
Amortization of actuarial (gain) losses489 1,306 643 
Settlement cost2,590 987 1,220 
Net pension expense$15,381 $14,593 $13,881 
Schedule of Amounts Recognized in Other Comprehensive Income
The following table provides details of amounts recognized in Other Comprehensive Income:
Year Ended June 30,
202620252024
Net actuarial gain (loss)$24,810 $322 $1,598 
Amortization of actuarial loss489 1,306 643 
Settlement cost and plan amendments2,230 2,452 (193)
Curtailment(67)788 — 
Total recognized in other comprehensive income$27,462 $4,868 $2,048 
Schedule of Defined Benefit Plans Disclosures
The following table provides details of the plan assets measured at fair value presented by asset category and fair value hierarchy for the periods indicated:
As of June 30, 2026As of June 30, 2025
Level 1Level 2Level 3Total Level 1Level 2Level 3Total
Cash$3,561 $— $— $3,561 $2,041 $— $— $2,041 
Debt funds83,456 19,452 — 102,908 91,908 8,251 — 100,159 
Equity funds104,961 467 — 105,428 94,844 6,559 — 101,403 
Real estate funds6,348 81 — 6,429 5,014 73 4,322 9,409 
Other17,900 4,697 1,524 24,121 18,092 4,574 2,145 24,811 
Total$216,226 $24,697 $1,524 $242,447 $211,899 $19,457 $6,467 $237,823 
In determining the fair value of the defined benefit obligations as of June 30, 2026 and 2025, we used the following weighted-average key assumptions:
Year Ended June 30,
20262025
Assumptions:
Salary increases3.4 %3.2 %
Pension increases2.0 %2.0 %
Discount rate4.3 %3.9 %
Expected return on plan assets5.9 %5.6 %
Normal retirement age (in years)64 64 
Schedule of Anticipated Pension Payments Under Pension Plan
Anticipated pension payments under the defined benefit plans for the fiscal years indicated below are as follows:
Fiscal years ending June 30,
2027$20,379 
202818,453 
202918,643 
203019,969 
203121,061 
2032 to 2036115,997 
Total$214,502